The Solae Company, St. Louis, a joint venture of Bunge Limited and DuPont, files suit against Archer Daniels Midland Co., Decatur, Ill., and Amerifit Nutrition Inc. (Marketing News).The Solae Company, St. Louis, a joint venture of Bunge Limited Bunge Limited NYSE: BG (formerly Bunge International and prior to that Bunge Y Born) is a multinational food conglomerate. As well as being a leading global soybean exporter it is also involved in food processing, grain trading, and fertilizer. and DuPont, files suit against Archer Daniels Midland The Archer Daniels Midland Company (NYSE: ADM), is a conglomeration based in Decatur, Illinois. ADMoperates more than 270 plants worldwide, where cereal grains and oilseeds are processed into numerous products used in food, beverage, nutraceutical, industrial and animal feed Co., Decatur, Ill., and Amerifit Nutrition Inc. The complaint says that ADM's Novasoy isoflavone i·so·fla·vone n. A flavonoid found in soy. isoflavone 3-phenyl-4H-1-benzopyran-4-one; many of the naturally occurring estrogenic substances in pasture plants are isoflavones. products and the Estroven health supplement products marketed by Amerifit infringe on patent rights of Solae. "The Solae Company has spent many years investing in soy isoflavone concentrates and will aggressively defend its intellectual property portfolio when it is threatened," says CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Tony Arnold. |
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